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Here is today’s Breaking News from Letting Agent Today. Join the debate by leaving a comment below a story - you will need to be logged-in to do this.

Breaking News

Section 21 reform slammed with warning it may backfire on tenants

Government plans to end so-called ‘no fault’ evictions may backfire and not improve tenants’ security at all. That’s the warning from Osbornes Law, a London firm responding...

PropTech platform freezes fees for agents - so long as they invest

A PropTech platform that earlier this year was reported to be valued at £2.8m is making an unusual offer to letting agents. Inadash allows agents and tenants...

Average GB rent almost exactly £1,000 pcm says Countrywide

Countrywide’s monthly rental index - based on achieved rather than advertised rents on newly let properties - says the average rent across Great Britain rose 1.8...

Another top agency signs up to a deposit alternative scheme

The race for dominance in the deposit alternative field continues apace. Now franchise giant Hunters has teamed up with flatfair to bring deposit-free renting to tenants across...

Consumer group claims government S21 plans don’t go far enough

Consumer charity Citizens’ Advice says government proposals to reform or possibly scrap S21 eviction rights do not go far enough.  The group says a six-month break clause,...

Upad closure: rival agencies offer help to stranded customers

Several lettings agencies have stepped up to offer help to stranded customers of the collapsed online service Upad. A notice on Upad’s website over the weekend revealed...

Cut licensing red tape! Trade group wants simpler, better-enforced system

Research by safeagent - the new name for the National Approved Letting Scheme - has found over 130,000 unlicensed properties in London. But it says the...

Redundancy rumour hits another online lettings service

In addition to the apparent collapse of Upad at the weekend, there has been unconfirmed speculation about redundancies at a second online letting service. Ideal Flatmate -...

Crooked lettings agent in court again after row over solicitors

A lettings agent jailed in March for taking £220,000 from tenants and landlords is now in trouble over her legal representation. Heather Crabb, who owned and operated...

Labour demands Section 21 be scrapped - and now!

A senior Labour housing spokesman is urging the government to press on with plans to outlaw the use of Section 21 - despite the overwhelming opposition...

Online lettings agency Upad closes with immediate effect

The online lettings agency Upad has this weekend published an immediate closure announcement on its website. It reads: “We regret to inform you that Upad is no...

RLA claims scrapping Section 21 'dead on arrival' as consultation closes tomorrow

The Residential Landlords Association (RLA) has submitted its response to the government's consultation on scrapping Section 21 evictions, which closes tomorrow at 11.45pm. The organisation says the...

UK rents on the rise but failing to keep pace with inflation

Average UK rents continued to rise between July and September, but failed to keep up with inflation, according to The Deposit Protection Service (The DPS). Its latest...

National agency diversifies further with block management acquisition

The Leaders Romans Group has announced an acquisition to mark further expansion into the corporate lettings and block management market. The agency has purchased Rebloom Block Management,...

Property investors concerned with Brexit effect on overseas investment

Property investors are concerned that Brexit could deter international buyers from purchasing property in the UK, which could in turn weaken the housing market. A survey of...

Halloween is coming up - let us see your deadly decorations

October 31, known as All Hallows' Eve, is now less than three weeks away. While the government continues with its botched Brexit planned for the same day,...

Increase housing benefit in line with rents, charities urge government

Two housing charities have called for the government to invest more in housing benefit so it rises in line with private rental growth. Crisis and The Joseph...

Video – Agent speaks out: why I started my own PropTech solution

Agent and co-founder of new end of tenancy PropTech solution The Depositary, Kristjan Byfield, has spoken to Letting Agent Today about why he decided to launch...

Lettings at the heart of agency's record month and quarter

One of London's largest agencies, Chestertons, has reported a record month for revenues in September as well as its best ever Q3 results. The agency says its...

Most consistent agents of last decade to be recognised at ESTAS 2020

The letting and estate agencies which have provided the most consistent levels of high customer service are to be recognised with a special award at next...

Super-rich turn to £5,000+ per week rental market due to Brexit uncertainty

Uncertainty around the UK's planned departure from the EU and the stability of the government is causing the super-rich to rent instead of buying properties in London. Knight...

Rogue landlord fined £2,500 for ‘shocking’ property conditions

A landlord has been fined almost £2,500 for breaching an improvement notice issued by Cambridge City Council. Noelle Salameh was fined after council investigations found evidence of...

Agency takes green approach by committing to local climate campaign

A Plymouth sales and letting agency has taken a number of measures to help raise awareness of climate change in its local area. Family-run Hindhead Property is...

Friend first, boss second, probably agent third - Brent's back with new video

First, he was trying his hand in lettings, then he devised a 2.5% commission to take on Purplebricks. Now, after nine months in the industry, David Brent...

Agency confident home is gas safe despite tenant's claim of 'highly toxic' gas

A letting agency has denied that 'highly toxic' gas is leaking into one of its tenant's homes in Worcester. Leaders has said that it is confident that...

Open Banking allows deposit-free firm to screen overseas renters

Rental platform Canopy, which allows tenants to rent without a deposit, has announced a new partnership which will allow agents and landlords to screen overseas tenants. The...

New ethical letting agency launches with focus on 'people, not fees'

A new ethical letting agency has launched in partnership with a housing association and is promoting its low fee structure. Home Makers, based in south London, is...

BTL mortgage rates fall at a slower rate ahead of crucial political period

Buy-to-let (BTL) mortgage rates continue to drop but at a slower rate than in previous months, according to the latest Property Master research. The online mortgage broker...

Courts breaching repossession rules and scrapping Section 21 will make it worse

The Residential Landlords Association (RLA) has accused courts across the country of failing to follow their own rules when it comes to landlord repossessions. It cites civil...

Alternative view: 'Average rents not affected by fees ban'

The cost of renting a room in the UK remained steady during Q3, according to SpareRoom. The country's biggest flatsharing site says that there has been 'surprisingly...

Authorities warned off introducing rent controls in Manchester

Landlords have urged the authorities not to introduce rent controls in Manchester as they would 'choke off' supply of housing in the city. The call comes from...

Landlords urged to prepare for ‘last straw’ in maintaining profitability

Landlords must look at their finances as a range of tax changes continue to 'hit home', according to Apropos. The property management platform, run by leading agency...

Leading agent partners with TDS to revolutionise the end of tenancy process

Well-known letting agent Kristjan Byfield has announced the details of his new product which aims to reduce the workload of the end of tenancy process. The product,...

Online agency recruits former Purplebricks director and LPE

An online letting agency which launched last month has announced the recruitment of two former Purplebricks staff. Michael Booth, the hybrid agency's former academy director and Julie...

Further criticism of Labour's controversial Right to Buy plans

A group of landlords in the North East are the latest to criticise Labour's plans to introduce a Right to Buy scheme for private tenants. The overwhelming...

Straight-As - uni dropouts thrive with student letting agency

Two university dropouts who started their own student letting agency have recorded their busiest ever start to an academic year. Harry Conti, 26, and Marcus Askam-Yates 28,...

Void periods on the rise as market slumps in September

A rental market slump in September has led to a rise in average void periods across many parts of England and Wales. Goodlord's latest Rental Index calculates...

Local authorities provided with rogue agent and landlord enforcement toolkit

The government has this week published a learning toolkit for local authorities to help them with enforcement against rogue landlords and letting agents. The interactive resources, provided...

Supply and demand on the rise - UK's most active rental markets revealed

There has been a significant spike in activity in the East Hampshire lettings market, according to analysis from Zoopla. Over the last year, the East Hampshire market...

Branching out – letting agency excels in growing Build to Rent sector

An independent letting agency has reported its success in helping two large Build to Rent (BTR) developments to successfully let properties to tenants. Ascend, which is based...

Fees ban: Rent rises reach record high for fourth consecutive month

The number of tenants experiencing rent rises following the introduction of the Tenant Fees Act continued its upward curve in August. The latest figures from ARLA Propertymark...

Agency entrepreneur merges with first employer to expand reach

North east agency My Property Box has announced it has merged with Sandersons Lettings, the firm which gave its founder his first job in the industry. The...

Fifth of landlords have reduced their portfolios due to tax changes

A fifth of buy-to-let landlords claim they have reduced the number of properties in their portfolios due to a range of recent tax changes. The survey of...

Regional agency expands coverage with third acquisition in 18 months

A branch of a regional agency has expanded its managed portfolio following its third acquisition in 18 months. CJ Hole Cheltenham has taken over Cotswold Property Lettings'...

Fewer landlords looking to sell but investment appetite remains low

The number of landlords looking to sell properties decreased slightly between Q2 and Q3 2019, according to a survey by Paragon. The specialist lender's latest PRS Trends...

Best agents should demonstrate compliance to expose rogue operators

A call has been made for the best letting agencies and other rental sector professionals to show how they comply with regulations, as a way of...

Rightmove wins green light to acquire tenant referencing firm

Rightmove has at last completed on its acquisition of tenancy referencing firm Van Mildert, first announced two months ago. The deal, reported to be worth some £16m,...

PropTech used by Build To Rent specialist to differentiate from rivals

A PropTech platform devised by Build To Let specialist Grainger is to be used in a bid to differentiate the company from rival operators in the growing...

Yet More Licensing: councils want more freedom to expand schemes

An umbrella organisation representing councils is calling for greater freedom to introduce more and larger rental sector licensing schemes, without the need for government consent. The group,...

PropTech: Lettings platform to reveal range of new API partners

Lettings platform teclet has announced its latest API partner - and says more will be revealed in the coming months. The partner announced this week is Hometree,...

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